U.S. Government Pays $285M for Defense Health Agency HQ in Northern Virginia
The federal government has acquired the Defense Health Agency’s Northern Virginia headquarters for $285 million, adding another large leased office campus to the nation’s real estate portfolio. The...
View ArticleConstruction Firm Brasfield & Gorrie Inks 19K-SF Lease in Broward County
Construction firm Brasfield & Gorrie is relocating in South Florida, from Coral Gables to Weston, where it signed a 19,330-square-foot lease. The general contractor will move into the Weston...
View ArticleDevelopers File Plans for 402-Unit Housing Project Along Astoria Waterfront
A pair of Astoria developers has filed plans to build 402 housing units in the World’s Borough. Dominick Acquista and Lorenzo Devardo, under the shell corporation Across the River Realty Development,...
View ArticleLegion Investment Group, SMA Equities Pair on 300K-SF UES Resi Project
Legion Investment Group and SMA Equities have teamed on a 300,000-square-foot residential development rising on Manhattan’s Upper East Side. The new partnership secured a $99 million pre-development...
View ArticleHarbor Associates Sells Office Campus in North L.A. County for $32M
Strauss Investments has acquired a smaller two-building office campus in northern Los Angeles County for $32 million. The San Diego-based investor purchased Commons at Valencia, a 157,189-square-foot...
View ArticlePrestige Companies Back Dania Beach, Fla., Residential Complex at a Discount
A condominium community in Dania Beach, Fla., has traded for $27.3 million in a deed-in-lieu of foreclosure, which is nearly $10 million less than its previous sale price, buyer Prestige Companies said...
View ArticleGreystone Lends $35M on Chicago-Area Apartments Acquisition
Isn’t life grand. Multifamily developer Grand Lifestyles has secured $35.4 million of acquisition financing to purchase a multifamily asset in suburban Chicago, Commercial Observer has learned.,...
View ArticleAquarian Real Estate Partners, 3650 Capital Loan $72M on Chicago-Area...
Rhino Investments Group has secured $72.3 million in financing to acquire Randhurst Village, a 929,899-square-foot. open-air shopping center outside Chicago, Commercial Observer can first report....
View ArticlePistola Denim Takes Nearly 18K SF at ROW DTLA
Denim and womenswear company Pistola Denim has signed a 17,922-square-foot office lease at Atlas Capital Group’s ROW DTLA, adding another fashion company to the nearly 2 million-square-foot Downtown...
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A Resilient New York City Wins Big at Commercial Observer’s Power Gala
The collective might of New York City real estate was on display Tuesday night, when titans of the industry gathered at 7 World Trade Center to celebrate Commercial Observer’s 19th annual Power Gala....
View ArticleSouth Florida Starchitect Kobi Karp: 5 Questions
Kobi Karp, founder of Kobi Karp Architecture and Interior Design, has been designing buildings in South Florida for more than three decades. His portfolio includes projects such as Four Seasons at the...
View ArticleBHI Lends $72M on New Jersey Apartments Build
A joint venture between Prestige Development and Anak Development has landed $71.5 million of construction financing to build a multifamily project in northern New Jersey, Commercial Observer has...
View ArticleCoworking Firm Industrious to Provide Hologram-Like Google Beam Meetings
Industrious, a major flexible workplace company, announced Thursday that it has partnered with Google to launch a network of Google Beam meeting rooms exclusively for its members and guests. Google’s...
View ArticleMoishe Mana Buys Discounted Fort Lauderdale Officer Tower for $89M
Moishe Mana has ventured out of Miami and into Fort Lauderdale, nabbing a discount to buy a 30-story office building for $89 million, property records show. Called 110 Tower, the 777,248-square-foot...
View ArticleStarbucks to Close 250 North American Stores Amid Massive Overhaul
The “Back to Starbucks” overhaul isn’t over yet. Seattle-based coffee giant Starbucks announced Thursday that it will close 250 stores across North America this week in its second round of mass...
View ArticleCerity Partners Expands to 68K SF at Global Holdings’ 99 Park Avenue
Wealth management firm Cerity Partners is expanding its offices at Midtown’s 99 Park Avenue. The tenant, which just expanded to 48,671 square feet at the building in December, has signed a deal for...
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Newmark, Cushman & Wakefield Among Winners at REBNY’s 2026 Retail Deal Awards
At an event of nearly 150 members and guests on Wednesday night, the Real Estate Board of New York (REBNY) recognized the most influential retail deals completed in New York City in the past year....
View ArticleGet to Know the Broker: Lauren Muss of Douglas Elliman
Lauren Muss has made a name for herself as an expert in the real estate industry, fueled by determination and grit. After running her own high-end accessory company — where, as a trained gemologist,...
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The Power of the Public-Private Partnership for Affordable Housing
Without access to a safe, stable and affordable place to live, people lack the foundation for financial, physical and emotional well-being. Yet, right now, far too many Americans are struggling to...
View ArticleVirginia, Maryland Tighten Data Center Rules as Scrutiny Intensifies
Data center development will face tighter regulations across the Mid-Atlantic after officials in Virginia and Maryland unveiled new frameworks to corral the intense growth. Maryland Gov. Wes Moore on...
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